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Westbanco board boosts dividend

Business
Aug 23, 2012
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WHEELING, W.Va. — WesBanco Inc. on Thursday announced an increase in the quarterly cash dividend rate one cent to 18 cents per common share.

The increased dividend will be payable on Oct. 1 to shareholders of record on Sept. 7. This is the second increase in the quarterly dividend rate this year and represents an annualized 12.5 percent increase in WesBanco’s dividend during 2012, the bank said.

WesBanco is a $5.5 billion bank holding company that has 112 locations and 104 ATMs in West Virginia, Ohio and Pennsylvania.

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